Principal LifeTime 2050 Fund

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Principal LifeTime 2050 Institutional (PPLIX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
10.45%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
140
holdings flagged
10%
of assets flagged
This fund contains
 $298.9 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
20 holdings
0.48% of assets
$13.81 MILLION invested
banks
Banks and lenders
30 holdings
2.5% of assets
$71.62 MILLION invested
consumers
Major consumer brands
102 holdings
7.8% of assets
$223.11 MILLION invested
Commodity producers
Commodity producers
20 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
20 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Hormel Foods Corp
    Soy producerCattle producer
    0.17%0.17% of portfolio
    $4.88M$4.88M invested
    Soy producerCattle producer
  • 2. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.12%0.12% of portfolio
    $3.52M$3.52M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 3. Associated British Foods PLC
    Soy producerPalm oil producer
    0.07%0.07% of portfolio
    $2M$2M invested
    Soy producerPalm oil producer
  • 4. Tyson Foods Inc Class A
    Soy producerCattle producer
    0.05%0.05% of portfolio
    $1.3M$1.3M invested
    Soy producerCattle producer
  • 5. Sumitomo Forestry Co Ltd
    Timber producer
    0.01%0.01% of portfolio
    $427,076$427,076 invested
    Timber producer
View next 5
Banks and lenders
Banks and lenders
30 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
30 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.49%0.49% of portfolio
    $14.11M$14.11M invested
  • 2. Bank of America Corp
    0.33%0.33% of portfolio
    $9.32M$9.32M invested
  • 3. Morgan Stanley
    0.29%0.29% of portfolio
    $8.37M$8.37M invested
  • 4. HSBC Holdings PLC
    0.27%0.27% of portfolio
    $7.7M$7.7M invested
  • 5. PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-
    0.23%0.23% of portfolio
    $6.5M$6.5M invested
View next 5
Major consumer brands
Major consumer brands
102 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
102 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.63%1.63% of portfolio
    $46.75M$46.75M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Costco Wholesale Corp
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.53%0.53% of portfolio
    $15.03M$15.03M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. LVMH Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.32%0.32% of portfolio
    $9.22M$9.22M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Unilever PLC
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.31%0.31% of portfolio
    $8.9M$8.9M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.28%0.28% of portfolio
    $7.95M$7.95M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 30 Jun 2023
Financial performance
Performance data provided byMorningstarFind more financial data on PPLIX at Morningstar.com
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.32% less in annualized returns
More invested in commodity producers 
0.19% more invested
More invested in banks and lenders 
0.18% more invested
Less invested in major consumer brands 
4.82% less invested
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.32% less in annualized returns
More invested in commodity producers 
0.19% more invested
More invested in banks and lenders 
0.18% more invested
Less invested in major consumer brands 
4.82% less invested
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.32% less in annualized returns
More invested in commodity producers 
0.19% more invested
More invested in banks and lenders 
0.18% more invested
Less invested in major consumer brands 
4.82% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
PPLIX - Principal LifeTime 2050 Fund
10%
8.79%
7.42%
8.29%
0.48% 
Benchmark
IVV - iShares Core S&P 500 ETF
13%
14%
12%
13%
0.29% 
Fund compared to benchmark
 
-2.77%
-4.89%
-4.74%
-4.32%
0.19%  higher
Find more financial data on PPLIX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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